Private Equity
Preparis, a subscription-based workforce preparedness platform, has raised $4.6 million in a VC funding round led by Fulcrum Ventures. Preparis is based in Atlanta.
2 min read · 01 October 2009
Sanofi-Aventis has agreed to acquire Fovea Pharmaceuticals SA, a Paris, France-based drug company focused on ophthalmic diseases. The deal is valued at up to €370 million, including an upfront payment and possible milestone payments. Fovea had raised over $60 million in VC funding from firms like Forbion Capital Partners, Sofinnova Partners, Abingworth, GIMV, The Wellcome Trust and CAPE.
2 min read · 01 October 2009
Molecular Detection Inc., a Wayne, Penn.-based maker of assays for infectious disease diagnosis, has raised $3.3 million in Series C funding. MentorTech Ventures led the round, and was joined by Ben Franklin Technology Partners, Robin Hood Ventures and the Mid-Atlantic Angel Group.
6 min read · 01 October 2009
Delivery Agent Inc., a San Francisco-based provider of shopping-enabled programming and content monetization for entertainment properties, this morning announced that it has raised nearly $25 million in Series D funding. peHUB reported the round earlier this week, based on a regulatory filing. Focus Ventures led the deal, and was joined by T-Venture, Coral Group, Ironwood Capital and return backers Bessemer Venture Partners, Worldview Technology Partners and Cardinal Venture Capital. It had previously raised $35 million.
3 min read · 01 October 2009
Adimab Inc., a Lebanon, N.H.-based developer of a human antibody discovery platform in yeast, has raised an undisclosed amount of Series D funding. Google Ventures led the round, and was joined by return backers OrbiMed Advisors, Borealis Ventures, Polaris Venture Partners and SV Life Sciences.
4 min read · 01 October 2009
ViaSat Inc. (Nasdaq: VSAT) has agreed to acquire WildBlue Communications Inc., a Denver-based provider of broadband Internet-over satellite services in rural America. The deal is valued at $568 million, including $443 million of cash, $125 million of ViaSat stock and $68 million of WildBlue cash on hand. WildBlue has raised nearly $400 million in private equity funding, including a $50 million infusion in September 2008. Backers include Liberty Media, Intelsat, the National Rural Telecommunications Cooperative and Kleiner, Perkins, Caufield and Byers.
8 min read · 01 October 2009
Gordie Nye has been named CEO of Zeltiq Aesthetics, a Pleasanton, Calif.-based developer of non-invasive procedures for the reduction of unwanted fat tissue. He had been a general partner with Prism Venture Partners for the past six years, and will remain a director with some of its portfolio companies. peHUB reported last month that Prism had shut down the Southern California office which Nye ran.
3 min read · 01 October 2009
4 min read · 01 October 2009
ActiViews Ltd., an Israel-based developer of optical guidance systems for use in CT fluoroscopy and MRI procedures, has raised $5 million in new VC funding. 7 Health Ventures led the round, and was joined by return backers Ofer HiTech and Evergreen Venture Partners.
1 min read · 30 September 2009
1 min read · 30 September 2009
